Credit Unions expend tremendous resources on regulatory and compliance issues. Your League serves as a conduit for compliance information and is available to answer questions on day-to-day credit union operational issues. Together with the Credit Union National Association, we can offer comprehensive assistance to help ensure credit unions stay abreast of regulatory and compliance issues.
Accessing Secure Web Pages on the League Web Site:
Many of our compliance resources require a login and password. Learn how to access secure pages here: http://www.vacul.org/using_our_website.php
Contact Compliance/Regulatory Affairs Staff
- Kristen Tatlock -Director of Compliance & Regulatory Affairs
800.768.3344, ext. 609 or email
- Cindy Huff - Compliance Analyst
800.768.3344, ext. 620 or email
recently Posted/updated
- September 2010 Frequently Asked Questions (FAQs)
- Operations Release No. 268 - SAFE Act Rules for Registration of Mortgage Lenders
- August 2010 Frequently Asked Questions (FAQs)
- Operations Release No. 261 S8 - Final Rule Implementing the CARD Act Provisions for Penalty Fees and Rate Reviews – Effective August 22, 2010
- Operations Release No. 231 S4- Final Regulation E Rule for Gift Cards – Effective August 22, 2010
- Operations Release No. 267 - Changes to Code of Virginia and the Virginia Small Estate Act
- Operations Release No. 267 S1 - Enactment of the Uniform Power of Attorney Act
- Changes to Periodic Statements and Disclosures for Open-End Credit - Amendments to Regulation Z (effective July 1, 2010)
- 2010 Fall Compliance Conference October 19 & 20 at the Williamsburg Marriott - details will be announced at a later date.
- Operations Manual Release 245 S7 - FACT Act Guidelines on Accuracy of Credit Information
- Operations Manual Release 245 S8 - FACT Act Guidelines on Direct Disputes of Information in Credit Report
- Operations Manual Release 260 S3 - Regulation Z Amendments to Multi-Featured Open-End Lending (MFOEL)
- 2010 Revised FFIEC's Bank Secrecy Act/ Anti-Money Laundering Examination Manual
- NEW COMPLIANCE CALENDAR WITH RESOURCES
Key Resources from your league
- Compliance Frequently Asked Questions (FAQs)
- Operations Manual
- Bank Secrecy Act Resources
- FACT Act Resources
- Compliance FORMS and Sample Policies
- State Charter Credit Union Bylaws (learn more)
- (pdf version) (pdf, 68kb)
- (Microsoft Word version) (Word, 100kb)
- Share Account Administration Manual
- Quick Reference Guide on Ad/Marketing Compliance...NOT AVAILABLE...Revision in process
- Law Resources
- On-site Compliance Training for Credit Unions
- Comment Letters
Other Resources
- CUNA's Compliance Homepage
(National trade association for credit unions) - National Credit Union Administration
(Regulator for federally-chartered credit unions) - Virginia Bureau of Financial Institutions
(Regulator for Virginia's state-chartered credit unions) - Downloadable Logos
Education
- 2010 Fall Compliance Conference is scheduled for October 19 & 20 at the Williamsburg Marriott - details to be announced at a later date
- Click here to schedule Compliance Training for your credit union
- Click here to schedule a BSA Independent Test of your credit union
Networking
- League's Credit Union Compliance Group - Receive e-mail bulletins on the latest compliance topics
- COBWEB (CUNA's Compliance listserv) (CUNA password required)
Guidance
- Privacy Regulation - Opt Out Requirements and Exceptions
- Sample Privacy Notice
- Finance Charge Chart - What is considered a finance charge (Reg. Z)
- Complying with New Health Plan Rules: Where to Start